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Stock analysts at Topeka Capital Markets hoisted their target price on shares of Qualys (NASDAQ:QLYS) from $23.00 to $26.50 in a report issued on Tuesday. The firm currently has a “hold” rating on the stock. Topeka Capital Markets’ target price points to a potential downside of 3.88% from the stock’s previous close.

Several other analysts have also recently commented on the stock. Analysts at Zacks upgraded shares of Qualys from a “neutral” rating to an “outperform” rating in a research note on Monday. They now have a $29.80 price target on the stock. Separately, analysts at Credit Suisse reiterated a “neutral” rating on shares of Qualys in a research note on Tuesday, August 5th. They now have a $22.00 price target on the stock, up previously from $20.00. Finally, analysts at Imperial Capital raised their price target on shares of Qualys from $29.00 to $31.00 in a research note on Tuesday, August 5th. They now have an “outperform” rating on the stock. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and four have assigned a buy rating to the stock. Qualys has an average rating of “Hold” and an average price target of $26.69.

Qualys (NASDAQ:QLYS) opened at 27.57 on Tuesday. Qualys has a 52 week low of $17.76 and a 52 week high of $29.94. The stock has a 50-day moving average of $25. and a 200-day moving average of $24.70. The company has a market cap of $909.4 million and a price-to-earnings ratio of 384.64.

Qualys (NASDAQ:QLYS) last posted its quarterly earnings results on Monday, August 4th. The company reported $0.11 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.06 by $0.05. The company had revenue of $32.30 million for the quarter, compared to the consensus estimate of $31.64 million. During the same quarter last year, the company posted $0.06 earnings per share. Qualys’s revenue was up 22.8% compared to the same quarter last year. Analysts expect that Qualys will post $0.33 EPS for the current fiscal year.

In other Qualys news, CMO Amer Deeba sold 2,000 shares of the stock in a transaction dated Thursday, August 7th. The stock was sold at an average price of $26.88, for a total transaction of $53,760.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Qualys, Inc (NASDAQ:QLYS) is a provider of clouds security and compliance solutions that enable organizations to identify security risks to their information technology (IT) infrastructures, help protect their IT systems and applications from cyber attacks and achieve compliance with internal policies and external regulations.

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